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the senior defense official tells nbc news that panetta didn't make this decision lightly. secretary clinton acknowledged she has talked to u.s. partners about the allen case but says it won't harm the war effort. >> general allen is a distinguished marine and commander who has been an important part of the nato isap mission in afghanistan. there's been a lot of conversation, as you might expect, bob, but no concern whatsoever being expressed to us because the mission has been set forth. it is being carried out. >> the head of nato also told reporters today in brussels that he has full confidence in general allen. we are also learning more about the 20,000 to 30,000 documents that include some e-mails between general allen and the tampa socialite jill kelley which the pentagon calls potentially inappropriate communications. the fbi has characterized some of the e-mails as, quote, flirtatious. the general strongly denies any misconduct and the fbi has not found any wrongdoing. we're also learning more about kelley herself who is known in tampa for throwing lavish parties at
the senior defense official tells nbc news that panetta didn't make this decision lightly. secretary clinton acknowledged she has talked to u.s. partners about the allen case but says it won't harm the war effort. >> general allen is a distinguished marine and commander who has been an important part of the nato isap mission in afghanistan. there's been a lot of conversation, as you might expect, bob, but no concern whatsoever being expressed to us because the mission has been set forth....
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>> not that i'm aware of. >> secretary panetta? >> i would have to check that. secretary panetta has been traveling. >> as sort of a follow-up to ben's question, does the president see this in general as an unwelcomed distraction at a time when he's just -- was re-elected and has a bunch of priorities in terms of fiscal cliff and in terms of his cabinet? >> well, i certainly i think wouldn't call it welcome. obviously the -- as i said to ben, the information about general petraeus came to him as a surprise and he is very appreciative of general petraeus' remarkable service to his country. but the president's focused on the agenda that he believes is important for this country, that he has to carry out working with lawmakers here in washington and that includes, as you know, his number one priority, which is jobs and economic growth. and he is engaging in meetings this week on those issues, on the issues of the approach we need to take to ensure that we have the right economic policy, the right fiscal policy, to help the economy grow and help it continue to creat
>> not that i'm aware of. >> secretary panetta? >> i would have to check that. secretary panetta has been traveling. >> as sort of a follow-up to ben's question, does the president see this in general as an unwelcomed distraction at a time when he's just -- was re-elected and has a bunch of priorities in terms of fiscal cliff and in terms of his cabinet? >> well, i certainly i think wouldn't call it welcome. obviously the -- as i said to ben, the information about...
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also with sequestration hanging out there, the understanding is that leon panetta would probably like to move on as soon as the president is ready to let him go but does not have the same timetable as the other two. host: palm beach gardens, florida, independent caller. welcome to the conversation. caller: thank you, good morning. you do a wonderful job. it the two guests are completely missing the points. the callers are raising great issues. the last one was fantastic with china. we really do not need child labor for any of our products. they're made it cheaper but we have to buy three of them when we used to have to buy one because they breathe easier. but the main reason why i call this because there is no power in washington. i hear your guests constantly talking about the power in washington and the mandate they have for do not have. there is no power in washington. the power is, we, the people. there are two forms. there is the press, your guests, the mainstream media, and now the alternative media. it is, we, the people that can actually protest and address the grievances. we
also with sequestration hanging out there, the understanding is that leon panetta would probably like to move on as soon as the president is ready to let him go but does not have the same timetable as the other two. host: palm beach gardens, florida, independent caller. welcome to the conversation. caller: thank you, good morning. you do a wonderful job. it the two guests are completely missing the points. the callers are raising great issues. the last one was fantastic with china. we really do...
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hillary clinton was leaving, leon panetta was leaving. do you want to deal with an additional moving part in petraeus and these circumstances? obviously not. but if there's going to be a time when things are going to be in chaos and you're going to have to be making decisions an moving ease pieces around the chess board it's the optimal time for it to happen. never a good time for this kind of scandal clearly, but if you would rather have had it now than five months from now or have it five months before now and it gives him a lot of flexibility in terms of how to fill those spots. there are a lot of players, we mentioned some of them just now, you did in the opening, a guy like chuck hagel, the president has trids to have a significant republican at a top position in his cabinet, before bob gates in the pentagon for the better part of the first term. i think he wants to do that again. his instinct towards not necessarily to hagel, although i think he is under consideration for one of the jobs, but it's a good time for the reboot and i th
hillary clinton was leaving, leon panetta was leaving. do you want to deal with an additional moving part in petraeus and these circumstances? obviously not. but if there's going to be a time when things are going to be in chaos and you're going to have to be making decisions an moving ease pieces around the chess board it's the optimal time for it to happen. never a good time for this kind of scandal clearly, but if you would rather have had it now than five months from now or have it five...
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married with a sterling record but on a flight to australia monday night aides to defense secretary leon panetta said there was a dramatic turn in the case. fbi investigators uncovered potentially inappropriate communications between the general and jill kelley, whom he and his wife got to know in tampa. and were reviewing between 20,000 and 30,000 pages of documents including e-mails over two years. officials say some were flirtatious, but the general strongly denies an improperly relationship. the fbi discovered them during its investigation of kelley's e-mails sparked by her complaints about anonymous threats which turned out to be from paul broadwell and found no wrongdoing by general allen but turned the files over to the pentagon which monday ordered its inspector general to investigate. a social link between the two four-star generals, jill kelley, who enjoyed socializing with the powerful in tampa while doing volunteer work for military families. she also gave people the impression she had some kind of state department status which officials say she does not. in fact, last weekend she ca
married with a sterling record but on a flight to australia monday night aides to defense secretary leon panetta said there was a dramatic turn in the case. fbi investigators uncovered potentially inappropriate communications between the general and jill kelley, whom he and his wife got to know in tampa. and were reviewing between 20,000 and 30,000 pages of documents including e-mails over two years. officials say some were flirtatious, but the general strongly denies an improperly...
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it should be the foundation of secretary panetta's initiative. it was created over 20 years ago to clean up the department's financial mess. it should be exerting leadership in this arena and showing the rest of the department how to balance the books. its audits need to be as clean as a whistle. if the department's central accounting agency can't earn a clean opinion, then who can earn a clean opinion? today, the central accounting agency's claim of a clean opinion may be hollow. the inspector general who is responsible for making those judgments rejected that opinion. the inspector general reviewed it and conclude thad it did not pass muster. unfortunately, the inspector general dropped the ball and quit before the job was done. the inspector general's report known as a nonendorsement report was finalized but never signed and issued. it was simply buried in some deep hole and covered up with dirt. were it not for whistle-blowers who were in touch with my office, we might think the defense finance and accounting service statements were somehow s
it should be the foundation of secretary panetta's initiative. it was created over 20 years ago to clean up the department's financial mess. it should be exerting leadership in this arena and showing the rest of the department how to balance the books. its audits need to be as clean as a whistle. if the department's central accounting agency can't earn a clean opinion, then who can earn a clean opinion? today, the central accounting agency's claim of a clean opinion may be hollow. the inspector...
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oanetta -- panetta was in the house long enough to understand it. they did not have a congressional relations key that had the institutional memory i think they needed. they have a fourth to get -- have been forced to get [unintelligible] >> i would like to go to the audience questions now. >> taking so much for your great presentation. i'm wondering how hurricane sandy and in need for fema will impact the [video clip] . and if you think the cr that goes through march now will be folded into that. >> the in corporations process has not only been broke down, it n. such those decisions will not be made by the lame duck on with geordies on inside. it will be made by both sides. john been on the house side. the worst way to legislate and appropriate is to put it in the hands of one man. but that is the way it is. i can i give you any guidance. talk to john boehner and see what he would agree to. but there will be no logical appropriations process with respect to those issues in the lame duck. >> who will be among the frist -- first of the cabinet secret
oanetta -- panetta was in the house long enough to understand it. they did not have a congressional relations key that had the institutional memory i think they needed. they have a fourth to get -- have been forced to get [unintelligible] >> i would like to go to the audience questions now. >> taking so much for your great presentation. i'm wondering how hurricane sandy and in need for fema will impact the [video clip] . and if you think the cr that goes through march now will be...
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also apparently looking for an exit are defense secretary leon panetta and steven chu and also ken salazar. even attorney general eric holder and transportation second ray lahood, the only republican left in the cabinet, could be leaving as well. in 2008 obama told "time" magazine he wants his cabinet to be a team of rivals saying, quote, i don't want people who just agree with me. i want people continually pushing me out of my comfort zone. what should we expect this time around? i would bring it to the table. so i think the biggest one people are talking about is who is going to replace hillary clinton. the two names who have voted is u.n. ambassador susan rice and john kerry. i have no problem with susan rice. i think she's fantastic and unfortunate how she's been treated recently. i tell you, john kerry during this campaign has been fantastic in his debate prep with the president. i thought his speech as the dp nc was brilliant, and i think he would be a terrific diplomat. there's concerns that if he was nominated then the senate -- his senate seat would be open and scott brown could h
also apparently looking for an exit are defense secretary leon panetta and steven chu and also ken salazar. even attorney general eric holder and transportation second ray lahood, the only republican left in the cabinet, could be leaving as well. in 2008 obama told "time" magazine he wants his cabinet to be a team of rivals saying, quote, i don't want people who just agree with me. i want people continually pushing me out of my comfort zone. what should we expect this time around? i...
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and panetta is right. the defense department should not have to withstand billions of billions of dollars of the kind of cuts that would result from sequestration. i agree with this secretary of defense. he is trustworthy and he has done a great job. the president did a great job putting him in that position. >> shannon: and congressman elect cotton, what do you make of what the electorate said on tuesday? we end up with what we had before that led us to sequestration, democratically controlled senate, republicans controlling the house and president obama, democrat, in the white house. do you think there will be more gridlock and that's what voters chose? or is the message, as the president said, voters say they don't want anybody here not willing to come propize or who see compromisesh compromise or see compromise as dirty word? >> it's ratification of what the house republicans stood for, for two years. stopping the job killing tax increases on entrepreneurs and small businesses around the country. i do
and panetta is right. the defense department should not have to withstand billions of billions of dollars of the kind of cuts that would result from sequestration. i agree with this secretary of defense. he is trustworthy and he has done a great job. the president did a great job putting him in that position. >> shannon: and congressman elect cotton, what do you make of what the electorate said on tuesday? we end up with what we had before that led us to sequestration, democratically...
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at the pentagon, leon panetta's departure probably won't after until after spring. but some think that michelle will be the first ever woman to head the pentagon. and then in the senate, rhode island senator jack reed, and john kerry, the man who talked bob gates into staying at defense in the beginning of the president's first term. and then there's john kerry and some thought there if rice gets stayed, they still would want to put kerry in the cabinet somewhere. and then there's attorney general eric holder. long time target of conservatives. he said he's undecided about whether he wants to stay on. >> that's something that i'm in the process now of trying to determine. the first step has already occurred, that is the president has been re-elected. and i will have to think about can i contribute in a second term. i will have to obviously talk to him, speak of members in my family, particularly one, who i'm married to. and ask myself, the question about, you know, do i think that there are things that i still love to do, do i have -- let some gas still left in the
at the pentagon, leon panetta's departure probably won't after until after spring. but some think that michelle will be the first ever woman to head the pentagon. and then in the senate, rhode island senator jack reed, and john kerry, the man who talked bob gates into staying at defense in the beginning of the president's first term. and then there's john kerry and some thought there if rice gets stayed, they still would want to put kerry in the cabinet somewhere. and then there's attorney...
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administration who has been to all these wars, 1990, and the clinton administration, and that is leon panetta, who is now in defense, but really understands the budget deeply in all parts. so could be another one to really help with this. >> and another member of congress. that is one of the problems that the obama administration has had. to use a term not in a derogatory sense because it came from a democrat, he said the president is just a drive-by senator. stock long enough to pick up his -- stopped long enough to pick up his paycheck, and then became president. biden was in the senate for 36 years, and they did not have a congressional relations team that had the institutional memory that was needed. now they have been forced to get institutional memory by all the start tissue they have acquired over the last while. >> great. i would like to go over audience questions now. >> thank you so much for a great presentation. i wondered how hurricane sandy and a possible need for feed it to get some embassies supplemental funding would impact the leg up, and if you talk about that and if you thi
administration who has been to all these wars, 1990, and the clinton administration, and that is leon panetta, who is now in defense, but really understands the budget deeply in all parts. so could be another one to really help with this. >> and another member of congress. that is one of the problems that the obama administration has had. to use a term not in a derogatory sense because it came from a democrat, he said the president is just a drive-by senator. stock long enough to pick up...
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leon panetta who come phaout commutes from washington to california he wants out. he's over 70 and wants to row tire. timothy geithner the treasury secretary wanted out a while ago and was pressed to say. i would think in the case of panetta and clinton that republicans will be unhappy to see them go because they are pretty popular up on capitol hill, a lot of respect for both of them. obviously hillary clinton with the libya situation there is some criticism there, generally speaking i think conservatives have been happy with a liberal democratic president having people like hillary clinton and panetta running national security. geithner not as popular with conservatives. and eric holder definitely because of fast and furious and other policies not as popular with conservatives. martha: it race raises the questions in all four of those spots, who do you think are some of the names that we might see tpulg those spots, chris? >> the most interesting one, i guess, is susan rice,s u.n. ambassador was considered one of the frontrunners to be the secretary of state, ver
leon panetta who come phaout commutes from washington to california he wants out. he's over 70 and wants to row tire. timothy geithner the treasury secretary wanted out a while ago and was pressed to say. i would think in the case of panetta and clinton that republicans will be unhappy to see them go because they are pretty popular up on capitol hill, a lot of respect for both of them. obviously hillary clinton with the libya situation there is some criticism there, generally speaking i think...
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administration his been through all these awards. 1990 and in the clinton administration and that's leon panetta who is now on defense, but really understands the budget deeply in all parts. so could be another one to really help. >> and another member of congress. but some of the problems the obama administrations have. to use a term not in the derogatory sense because it came to me from the democrat. he said the president was a drive-by senator. he was in a real sender coming as a drive by by senator. came long after pic pick up his paycheck and then became president. tonight it was in the house long enough to understand. biden for 36 years and they did not have a congressional relation to have the kind of institutional memory. now they be forced to get some institutional memory by all of the scar tissue they've acquired over the last little while. >> great. i like to go to the audience question now. >> hi, thanks so much for a great presentation. wondered how hurricane sandy and the possible need for fema to get emergency supplemental aid will impact on the lame-duck and if you could talk a l
administration his been through all these awards. 1990 and in the clinton administration and that's leon panetta who is now on defense, but really understands the budget deeply in all parts. so could be another one to really help. >> and another member of congress. but some of the problems the obama administrations have. to use a term not in the derogatory sense because it came to me from the democrat. he said the president was a drive-by senator. he was in a real sender coming as a drive...
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leon panetta. energy secretary, steven chu, ken salazar and epa administrator lisa jackson. that's just the first string. let's see who my panel thinks is going to change up. i think obviously petraeus is not hanging out for the second term. >> no. >> the interesting one is secretary of state. who goes in, in place of hillary clinton? >> i have no idea. >> i know the language has been susan rice as one possibility. susan rice, obviously, we've got the benghazi problem associated with her, whether or not that's over. then the other one, of course, is john kerry of massachusetts. the problem is if you pull kerry down from massachusetts, there is a guy walking around massachusetts right now who would like a senate seat, right? you could totally end up with a situation of him running again? any sense of how the president might negotiate that decision? >> no sense at all. you know, kerry has been widely known to covet this job for a long time. speaking for myself, i always thought he would make a fine secretary of state. in the old-fashioned sense of who would do a good job, this
leon panetta. energy secretary, steven chu, ken salazar and epa administrator lisa jackson. that's just the first string. let's see who my panel thinks is going to change up. i think obviously petraeus is not hanging out for the second term. >> no. >> the interesting one is secretary of state. who goes in, in place of hillary clinton? >> i have no idea. >> i know the language has been susan rice as one possibility. susan rice, obviously, we've got the benghazi problem...
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leon panetta, secretary of the department of defense. i would like to present our guess what our traditional national press club coffee mug. >> thank you very much. thank you. >> what is your prediction for the army-navy game? do you have a wager with your army counterpart? >> we will win by a field gold. there is something about the army-navy game in a field goal. it will be closed. we defeated air force earlier this fall. [applause] army defeated air force. this is for all the marbles for the commander in chief trophy. we have made a wager -- the same as last year. the loser where's the jersey of the winning team and poses for a picture in front of the team. i have a great shot of winning. we have 75 on a from last year's game. >> you better find it again this year for this game. thank you for coming today. i would like to thank our i would like to thank our national press club staff
leon panetta, secretary of the department of defense. i would like to present our guess what our traditional national press club coffee mug. >> thank you very much. thank you. >> what is your prediction for the army-navy game? do you have a wager with your army counterpart? >> we will win by a field gold. there is something about the army-navy game in a field goal. it will be closed. we defeated air force earlier this fall. [applause] army defeated air force. this is for all...
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there have been -- secretary panetta. they have been more effective. some of the strikes have gone down lately. i do not know how to read into that. does that necessarily mean we're increasing that pair militarization -- paramilitarization of the agency? petraeus suggested this ca position and gates embraced it in november and december and did not talk to obama about it until january. the first time they talk about the position was in march. the president had been mulling it over. i never got the sense from him, from the president, from petraeus or anyone on the national security council that he would be put there to militarize the agency. petraeus is thinking how the defense department is shying away from this large scale boots on the ground operation and gates said the next leader who decides to commit to one of these operations should have their friend -- heads examined. petraeus is thinking even if -- as he goes to the agency, that is the future of warfare. i would be speculating if i guess the president had an intention of turning the agency into
there have been -- secretary panetta. they have been more effective. some of the strikes have gone down lately. i do not know how to read into that. does that necessarily mean we're increasing that pair militarization -- paramilitarization of the agency? petraeus suggested this ca position and gates embraced it in november and december and did not talk to obama about it until january. the first time they talk about the position was in march. the president had been mulling it over. i never got...
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reports say defense secretary leon panetta is expected to step down within a year and david petraeus, though, is expected to stay on as the c.i.a. director. >> brian: signs of heart trouble may be staring you in the face. according to researchers, people who are receding hairlines, creases near ear lobes and bumps on their eyelids have a greater chance for a heart attack. and 39% greater risk for heart disease. the risks are the same for men and women. >> gretchen: he wanted to relive his glory days, so a 21 yearly man conned his way no a michigan high school. james nash forged paperwork that said he was 17-year-old and a transfer student. over the first day of school, he joined the football team. apparently a parent noticed something wagon funny and tipped off the athletic director. the team will have to forfeit its two wins. >> steve: the victoria secret angels are turning up the heat. take a look at this year's victoria secret fashion show last night here in new york city the tv show set to air next month. the models showed some of their famous lingerie. the headliner, who walked d
reports say defense secretary leon panetta is expected to step down within a year and david petraeus, though, is expected to stay on as the c.i.a. director. >> brian: signs of heart trouble may be staring you in the face. according to researchers, people who are receding hairlines, creases near ear lobes and bumps on their eyelids have a greater chance for a heart attack. and 39% greater risk for heart disease. the risks are the same for men and women. >> gretchen: he wanted to...
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time line shows that leon panetta and martin dempsey were only alerted after 50 minutes. special operations were not going to respond for five hours. >> gregg: honoring america's veterans. president obama laying a wreath at the tomb of the unknown soldiers at arlington today. then sending this message to our military men and women and their families. >> we take care of our own. we take care of our verses. we take care of your families. not just by saluting i on one way dai, once a year, but by fighting you every day of every year. that is our obligation, a sacred obligation to all of you. >> gregg: national correspondent steve centanni with more. steve, what was unusual about today's commemoration? >> reporter: the vietnam memorial to mark the 30th anniversary of its dedication. the wall contains the numbers names of 58,000 americans killed in vietnam between 1958 and 1975. the name carved in the panels. ceremony, general a general was the main speaker. >> all of us who fought in vietnam came home changed, older than our years, tougher, more serious, no less vital but som
time line shows that leon panetta and martin dempsey were only alerted after 50 minutes. special operations were not going to respond for five hours. >> gregg: honoring america's veterans. president obama laying a wreath at the tomb of the unknown soldiers at arlington today. then sending this message to our military men and women and their families. >> we take care of our own. we take care of our verses. we take care of your families. not just by saluting i on one way dai, once a...
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but on a flight to australia monday night, aides to defense secretary leon panetta disclosed a dramatic turn in the petraeus case. fbi investigators had uncovered what the pentagon called potentially inappropriate communications between the general and jill kelley whom he and his wife got to know in tampa and were revealing between 20,000 and 30,000 pages of documents including e-mails over two years. officials say some were flirtatious, but the general strongly denies an improper relationship. the fbi discovered the e-mails during its investigation of kelley's e-mails, sparked by her complaints about anonymous threats which turned out to be from paula broadwell. they say they found no wrongdoing by general allen but turned the files over to the pentagon which monday ordered its inspector general to investigate. a social link between the two four-star generals, jill kelley who enjoyed socializing with the powerful in tampa while doing volunteer work for military families. she also gave people the impression she had some kind of state department status which officials say she does not. i
but on a flight to australia monday night, aides to defense secretary leon panetta disclosed a dramatic turn in the petraeus case. fbi investigators had uncovered what the pentagon called potentially inappropriate communications between the general and jill kelley whom he and his wife got to know in tampa and were revealing between 20,000 and 30,000 pages of documents including e-mails over two years. officials say some were flirtatious, but the general strongly denies an improper relationship....
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secretary panetta testified to this, and let me just read one section of his testimony. the collective result of these kinds of attacks could be a cyber pearl harbor, an attack that would cause physical destruction and loss of life. in fact, it would paralyze and shock the nation and create a new, profound sense of vulnerability. members of the senate, we are warned. we are warned clearly. we are warned directly, and we are warned by the cyber commander general alexander, as well as
secretary panetta testified to this, and let me just read one section of his testimony. the collective result of these kinds of attacks could be a cyber pearl harbor, an attack that would cause physical destruction and loss of life. in fact, it would paralyze and shock the nation and create a new, profound sense of vulnerability. members of the senate, we are warned. we are warned clearly. we are warned directly, and we are warned by the cyber commander general alexander, as well as
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consideration for secretary of defense and some top officials that could go include hillary clinton leon panetta and ken salazar. more bill after the break. stay with us. we'll be right back. >>oh really? >>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! >> announcer: broadcasting across the nation, on your radio and on current tv, this is the "bill press show." >> bill: president obama is back in the white house. guess what. he's going to stay there for the next four years. hello, everybody. still with a big smile on our face and still celebrating this big victory from tuesday with all of you. we're coming to you live from our nation's capital. i expected the president to hold a news conference today. i was all ready to go down there but maybe we'll have to wait until tomorrow. we'll bring you the latest from every angle of the big victory obtuse. look at the house loo
consideration for secretary of defense and some top officials that could go include hillary clinton leon panetta and ken salazar. more bill after the break. stay with us. we'll be right back. >>oh really? >>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our...
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well, the president and defense secretary panetta were very quickly informed last thursday morning when this happened. >> well, if they try it again, presumably barbara, u.s. military jets could scramble and they could get into some sort of dog fight if you will with those iranian jets. how realistic is a scenario like that? >> well, look. the pentagon is not looking for a shooting war with the iranians. top officials are very clear about this. but what were the iranians up to? are they trying to send a signal of more aggressiveness over those critical oil shipping lanes? the pentagon, the obama administration can only let the iranians go so far. if they try this again, that's really the key question. it might have been an unmanned drone, but how far do you really let the iranians go in such a critical economic area, wolf? >> all right, barbara. i know you'll stay on top of this. thank you. let's get back to politics. right now president obama certainly owes his re-election to an extremely well-organized campaign. you know all about the rallies. you know about the political ads, the arm
well, the president and defense secretary panetta were very quickly informed last thursday morning when this happened. >> well, if they try it again, presumably barbara, u.s. military jets could scramble and they could get into some sort of dog fight if you will with those iranian jets. how realistic is a scenario like that? >> well, look. the pentagon is not looking for a shooting war with the iranians. top officials are very clear about this. but what were the iranians up to? are...
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>> i think secretary panetta has made it clear that he said senator cane, the cuts are not possible. not only because of what they might do to national security but they're destabilizing and they don't allow planning. you take a lot of money out of the economy with those all defense jobs out of the country. >> josh, do you think this president is going to have a successful a second term as bill clinton did on welfare reform, balancing the budget, balancing it four years in a row? do you think we're going see that type of second term? >> i think it's a little early to say that. i think there's certainty the possible for that. look, as i write in the piece, he's got leverage on the fiscal cliff. i think there's good reason to think that a grand bargain is possible. it's certainly more likely than it was a year ago. we're closer now. the conditions are there for that to happen. so if he were to cap off his second term with historic tax and entitlement reform that would be a big deal. another thing, we're seeing will this already, the conditions have been established for real immigration
>> i think secretary panetta has made it clear that he said senator cane, the cuts are not possible. not only because of what they might do to national security but they're destabilizing and they don't allow planning. you take a lot of money out of the economy with those all defense jobs out of the country. >> josh, do you think this president is going to have a successful a second term as bill clinton did on welfare reform, balancing the budget, balancing it four years in a row? do...